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7 mins read
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
7 mins read
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
2 mins read
Lack of funds stopping you from pursuing higher education? The government can come to rescue
The Indian government launched the PM-Vidyalaxmi scheme to provide financial assistance for higher …
2 mins read
Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
PTI
2 mins read
Real estate continues to dominate India's investment portfolios, shows FICCI report
Even for millennials, buying a house featured at the top of their priorities. 66% of millennials &…
2 mins read
Hurricane Milton, now a Category 5 storm, threatens an already battered Florida
Millions in Florida have been ordered to evacuate ahead of Milton's expected strike along the state…
Geoff Weiss
2 mins read
IPO Overview : DEE Piping, Akme Fintrade, GPES Solar
IPOs of Aasan loans and DEE piping systems are debuting on the market today, and will close on 21st…
2 mins read
Biden's second attempt at broader student-loan forgiveness could now happen in October
The Education Department plans to finalize its next student-loan forgiveness plan in October. Borro…
Ayelet Sheffey
2 mins read
Google has removed 2,500 fraudulent loan apps from its Play Store, says FM
The matter is also regularly discussed and monitored in the meetings of the Financial Stability…
PTI
3 mins read
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
3 mins read
A new type of student-loan forgiveness is coming this month
Biden is set to begin canceling student debt for borrowers in the SAVE plan who originally borrowed…
Ayelet Sheffey
2 mins read
Higher risk weight on unsecured bank loans credit positive: Moody's
Higher risk weight on unsecured bank loans credit positive: Moody's. The RBI's decision to tighten …
PTI
2 mins read
Some student-loan borrowers 'will see their loans wiped out' under Biden's repayment reforms, AOC says — and more Democrats should be talking about it
Rep. Alexandria Ocasio-Cortez told NBC that Democrats need to "do more" to promote Biden's accompli…
Ayelet Sheffey
2 mins read
Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL
India's retail credit market has continued to experience sustained growth in the second quarter o…
2 mins read
Pressure is building on Biden to consider more student-loan borrowers for debt relief
Some of the negotiators on Biden's student-debt relief committee are officially asking for another …
Ayelet Sheffey
4 mins read
A key phase in Biden's new student-loan forgiveness plan has wrapped up, bringing borrowers one step closer to relief. But pushback is brewing.
The public comment period for Biden's new student-loan forgiveness plan is over, meaning implementa…
Ayelet Sheffey
2 mins read
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…
ANI
4 mins read
How an unrelated Supreme Court decision could jeopardize Biden's new student-loan forgiveness plan before it even goes into effect
While Biden's new student-loan forgiveness plan isn't set to go into effect until the fall, a separ…